SAFE Enough

What is SAFE?

Federal Banking and Credit Union regulators are keeping banks and credit unions from providing services to the industry.

Federal law and the Department of Justice’s (DOJ) ability to prosecute banks and credit unions for money laundering violations prevents financial institutions from providing services to the industry.

Monies derived from cannabis activity are illegal funds and therefore financial institutions can’t take that money.

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Dan Herrington

Dan Herrington

Founder and Chief Operating Officer at Left Coast Financial Solutions, Inc. Left Coast has been working at the intersection of cannabis and banking for 7 years.